3138 East Bradbury Avenue

Indianapolis, IN 46203

$350,000
Price
Beds
3,744 Sq. Ft.
$93 / Sq. Ft.
3,744
Sq. Ft.
$93
per Sq. Ft.

Description

You must see this incredible rental opportunity near Garfield Park on Indy's Southside! This all brick ranch 6 unit features 4 two bedroom units and 2 one bedroom units! 3 units are currently rented out, while the other 3 are completely remodeled and waiting to be filled. This property is a cash cow just waiting for the right new owner! At full occupancy, the property performs at a 10% cap rate. Property is being sold as is. Come see it today!You must see this incredible rental opportunity near Garfield Park on Indy's Southside! This all brick ranch 6 unit features 4 two bedroom units and 2 one bedroom units! 3 units are currently rented out, while the other 3 are completely remodeled and waiting to be filled. This property is a cash cow just waiting for the right new owner! At full occupancy, the property performs at a 10% cap rate. Property is being sold as is. Come see it today!
  1. Listed by Jordan Moody • Keller Williams Indpls Metro N • jordan@moodycompany.com

Property Details for 3138 East Bradbury Avenue

Architectural Style
Ranch
Township
Center
Zoning
Multi Family

Location

Listing Courtesy of Keller Williams Indpls Metro N
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LISTING UPDATED: 04/26/2024 03:05 PM

Property Details for 3138 East Bradbury Avenue

StatusActive
MLS #21961699
Days on Market70
Taxes$974 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1968
Lot Size0.23 AC / 10,018 SF
CountyMarion County

Location

Listing Courtesy of Keller Williams Indpls Metro N
Add your commute

Building Information for 3138 East Bradbury Avenue

Stories-Residences6Year Built1968Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$2,072 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$162

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3138 East Bradbury Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46203
  • Postal Code Plus4: 4776
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491020104242000101
  • Semi Annual Property Tax Amt: 974
  • Tax Year: 2022
  • TaxLot: 36
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: Taxes, Trash Collection, Water
Parking
  • Garage Spaces: 4.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Handicap Access
  • Current Use: Residential
  • Lot Size Square Feet: 10000.0
  • Lot Size Acres: 0.23
  • New Construction: False
  • Space Available: 3744
  • Structure Type: Apartment Building
  • Sq Ft Total: 3744.0
  • Year Built Numeric: 1968
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Elders 1st Southeastern Park L36
  • Photos Count: 26
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Electricity Connected, Sep Gas Meter, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Roof: Asphalt
Interior Features
  • Basement YN: No
  • Heating: Forced Air
  • Levels: One
  • Laundry Features: Connections Some
Multi Family
Multi-Family Information
  • Total Units: 6
  • Garage Parking: Parking Lot
Income & Expenses
  • Gross Scheduled Income: $50,640.00
Unit 1
  • Unit Kitchen: 8x11
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Heat Forced
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 8x11
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Heat Forced
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Multi Tenants: Yes
  • Tenant Pays: All Utilities

Property History for 3138 East Bradbury Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3138 East Bradbury Avenue

Taxable ValueLand$11,500Additions$95,700Total$107,200
Tax Record2022$2,139 ($178 / month)
Home Facts
Total Finished SqFt3,744 SqFtAbove Grade Finished SqFt3,744 SqFtStories1Lot Size10,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyMARIONAPN49-10-20-104-242.000-101

Schools near 3138 East Bradbury Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Frederick Douglass School 19
PublicK to 8

Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3138 East Bradbury Avenue is a multi-family home for sale in Indianapolis, IN 46203. This property was listed for sale on February 9, 2024 by Keller Williams Indpls Metro N, it's currently listed at $350,000. It has been on the market for a total of 70 days and was last sold on October 16, 2020. This listing's school district is Indianapolis Public Schools. Nearby schools include Frederick Douglass School 19, Arlington Community Middle School and George Washington Community High School (9-12). 3138 East Bradbury Avenue is a 0-bed, 0-bath, 3,744 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indpls Metro N

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.